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Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define production process.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

When should the producer stop employing more labour?

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

What is the level of total product when marginal product is minimum?

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

State the law of diminishing marginal product?

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define marginal product.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Give one example each of product based and process-based division of labour.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define capital-intensive technology.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define labour-intensive technology.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define production function.

1 Answer

Asked by Nikita Chetry
Latest Answer: 43 days ago
In: Commerce

Define output.

1 Answer

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